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Nonprofit · EIN 23-1699936

LAKE MEADE PROPERTY OWNERS ASSOCIATION INC

Tax-exempt · EAST BERLIN, PA 17316

Financials

$2.7M$1.8M2023$3.4M$2.1M2024
Revenue Expenses · by fiscal year end
Financials of LAKE MEADE PROPERTY OWNERS ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$3,446,009$2,089,894$1,356,115$12,641,524$901,991$11,739,533
March 31, 2024990$2,744,287$1,836,181$908,106$11,014,858$636,440$10,378,418
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$565,700
of which government grants
$250,000
Program service revenue
$2,562,176
Investment income
$242,817
Net rental income
$14,901
Net gain from sales of assets
-$2,349
Net income from sales of inventory
$16,126
Other revenue
$75,316

Expenses

Grants and similar amounts paid
$7,000
Compensation of officers, directors and key employees
$133,955
Other salaries and wages
$756,745
Salaries, compensation and benefits (total)
$1,048,313
Professional fundraising fees
$0
Legal fees
$25,474
Accounting fees
$19,350
Occupancy
$172,175
Travel
$1,354
Depreciation
$345,674

Balance sheet and other

Total assets, start of year
$11,014,858
Total assets, end of year
$12,641,524
Total liabilities, end of year
$901,991
Net assets, end of year
$11,739,533
Land, buildings and equipment
$6,213,243
Net assets without donor restrictions
$11,739,533
Gross unrelated business income
$295,779
Gross receipts
$3,448,358
Employees
71
Year formed
1968
State of legal domicile
PA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended March 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ALYSSA HARRISMANAGER
Officer
40$108,402$23,118
KARA BROCKMEYERDIRECTOR
Trustee or director
5$0$0
BRANDON HARMANDIRECTOR
Trustee or director
5$0$0
APRIL HETRICKDIRECTOR
Trustee or director
5$0$0
DAN MCHUGHVP/SECRETARY
Trustee or director, Officer
8$0$0
GIFFORD MOAKDIRECTOR
Trustee or director
5$0$0
WILLIAM RECTORVP/TREASURER
Trustee or director, Officer
8$0$0
LARRY REDDINGDIRECTOR
Trustee or director
5$0$0
MARK SCHARLAUPRESIDENT
Trustee or director, Officer
11$0$0
JAMES SIDERISDIRECTOR
Trustee or director
5$0$0
990 for the year ended March 31, 2024: 10 people
NameTitleHours / weekCompensationOther / benefits
ALYSSA HARRISMANAGER
Officer
40$102,692$19,283
JULIE BRANDTDIRECTOR
Trustee or director
5$0$0
RAE ANN GINTERDIRECTOR
Trustee or director
5$0$0
JAMES KIMESDIRECTOR
Trustee or director
5$0$0
DAN MCHUGHVP/SECRETARY
Trustee or director, Officer
8$0$0
GIFFORD MOAKDIRECTOR
Trustee or director
5$0$0
BILL RECTORVP,/TREASURE
Trustee or director, Officer
8$0$0
VALORIE ROSSIDIRECTOR
Trustee or director
5$0$0
MARK SCHARLAUPRESIDENT
Trustee or director, Officer
11$0$0
JAMES SIDERISDIRECTOR
Trustee or director
5$0$0

Address and contacts

Address (IRS master file)
4 FORREST DR, EAST BERLIN, PA 17316-9358
Principal officer (990 for 2024)
MARK SCHARLAU, 4 FORREST DRIVE, EAST BERLIN, PA 17316
Signed the 990
MARK SCHARLAU, PRESIDENT
Phone
(717) 259-9625
Return prepared by
SMITH ELLIOTT KEARNS & COMPANY LLC

Mission

LAKE MEADE IS A NON-PROFIT GATED COMMUNITY FORMED FOR THE MANAGEMENT, PROTECTION, AND IMPROVEMENT OF LAKE MEADE COMMON PROPERTY IN THE INTEREST OF THE GENERAL MEMBERSHIP. THE LAKE MEADE SUBDIVISION OF ADAMS COUNTY IS A TRACT OF 1,097.24 ACRES IN READING AND LATIMORE TOWNSHIPS CONTAINING SOME 1,395 LOTS. EVERY PROPERTY OWNER IS A MEMBER OF THE ASSOCIATION. THE MEMBERSHIP IS PROVIDED WITH A VARIETY OF AMENITIES, 300 ACRE LAKE FOR BOATING AND FISHING, SWIMMING POOL, TENNIS COURTS, REC AREAS WHICH INCLUDE DOCKING FACILITIES AND PLAYGROUND APPARATUS, SPORTS AREAS FOR VOLLEYBALL AND BASEBALL AND PICNICKING, AND 18 MILES OF ROADS THAT ARE MAINTAINED BY THE ASSOCIATION.

990 for the year ended March 31, 2025

Program accomplishments

  • OPERATION OF A GATED COMMUNITY

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
23-1699936
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1970
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$12,641,524
Income (IRS master file)
$3,448,358

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$3,446,009$2,089,894$12,641,524XML
990March 2024$2,744,287$1,836,181$11,014,858XML
990March 2023$2,212,885$1,818,793$9,866,435IRS
990March 2022$2,134,653$1,579,778$9,466,107IRS
990March 2021–––IRS
990March 2020–––IRS
990March 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-1699936).

Questions about LAKE MEADE PROPERTY OWNERS ASSOCIATION INC

What is the EIN of LAKE MEADE PROPERTY OWNERS ASSOCIATION INC?
The employer identification number (EIN) of LAKE MEADE PROPERTY OWNERS ASSOCIATION INC is 23-1699936.
Is LAKE MEADE PROPERTY OWNERS ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1970.
Are donations to LAKE MEADE PROPERTY OWNERS ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LAKE MEADE PROPERTY OWNERS ASSOCIATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LAKE MEADE PROPERTY OWNERS ASSOCIATION INC due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LAKE MEADE PROPERTY OWNERS ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of LAKE MEADE PROPERTY OWNERS ASSOCIATION INC?
The 990 for the year ended March 31, 2025 names MARK SCHARLAU.
Who are the officers and directors of LAKE MEADE PROPERTY OWNERS ASSOCIATION INC?
The 990 for the year ended March 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $108,402 (ALYSSA HARRIS, MANAGER).
How much revenue does LAKE MEADE PROPERTY OWNERS ASSOCIATION INC have?
On its 990 for the year ended March 31, 2025 it reported revenue of $3,446,009, expenses of $2,089,894 and total assets of $12,641,524 at year end.

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